TechCrunch Mobility: The shifting flight path of electric air taxis
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. To get this in your inbox, sign up here for free —…
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Korea P&I faces volatility risk from large claims over near term
AM Best said the club’s small capital base leaves earnings exposed. Korea P&I Club’s relatively small capital base leaves it exposed to potential earnings volatility from large claims, but its…
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Igloo deploys AI travel insurance sales channel in Indonesia
It handles discovery to policy issuance in single conversational flow. Singapore-based insurance technology company Igloo has launched an AI-powered travel insurance assistant in Indonesia that completes the full purchase journey…
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Hong Kong insurers face sales drag from China clampdown
Mainland visitor policies historically account for about 30% of life sector new business. Hong Kong insurance companies face potential sales slowdowns and increased compliance costs as regulators clamp down on…
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Magnitude 7.8 quake widens Philippine insurance gap
Insurers generally have less exposure in Mindanao than in Manila. The magnitude 7.8 earthquake that struck off the coast of Sarangani is expected to result in a significant gap between…
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Cover Genius powers Traveloka cancellation cover
Australian customers can now add protection during the booking process. Cover Genius has partnered with Traveloka to provide embedded travel protection products across the travel platform’s markets, supporting Traveloka’s international…
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International General Insurance secures approval for India reinsurance branch
The branch will be based in GIFT City, India’s operational international financial services centre. International General Insurance Holdings Ltd. (IGI) has secured registration approval from the International Financial Services Centres…
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Insurance bodies of Australia and New Zealand sign pact as disaster losses rise
Both countries face increasing risks from extreme weather, cyber threats and supply disruption. The Insurance Council of Australia (ICA) and the Insurance Council of New Zealand (ICNZ) have signed a…
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Lioner expands beyond Asia with Zurich office
The Swiss base will support estate planning, wealth preservation and family governance. Lioner International Group Ltd. has launched a new office in Zurich, marking its first expansion outside Asia as…
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Agency warns 7.8 quake to shake Philippine insurers in late 2026
The agency said losses may pass through local firms and global reinsurers. The magnitude 7.8 earthquake that struck off the coast of Sarangani, Philippines is expected to result in limited…
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